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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_JODNOK
Open High Low JODNOK Price Change
11.4225 11.4345 11.3925 11.4225 0.0000
Entry Signal

MarketClub’s Trade Triangles for JODNOK

long term up The long term trend has been UP since May 1st, 2018 at 11.34250

intermediate term down The intermediate term trend has been DOWN since Jun 12th, 2018 at 11.29685

short term up The short term trend has been UP since Jul 11th, 2018 at 11.37385

Smart Scan Analysis for JODNOK

Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for JODNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.4225 11.4345 11.3925 11.4225 0.0000
Prev. Close Volume Bid Ask Time
11.4225 11.3700 11.4750 2018-07-16 14:22:22
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